SYN 0.00% 0.1¢ synergia energy ltd

will this turn around soon, page-13

  1. 13,252 Posts.
    Its like any oiler gann it will live and die by the drill bit, But with 1 field ready to go into production Indonesia, and with India being drilled and recommencement in Oman in August we shall see. But if it does fall to 40 cents the whole market will have fallen 2000 pts. and no matter what you short you will have made money. The valuations done by brokers are poo US$75 to US 80 dollars so a falling poo while may effect sentimentally on valuation done by Hartleys over 3 dollars has no effect.
    but as Alan has said hard to short when 1 well in india or Oman shows really good signs sp could easily double, HArtley's vluation for Oman alone is $2.40 plus. But we shall see as time will tell good luck mate. I forgot to add 77% owned by top 20
 
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